Even as larger companies that launched initial public offerings saw their stock prices crashing upon debut, an RBI study finds that IPOs launched by SMEs preceded by a boom market period are more underpriced making a case for more equity funding for SMEs.
Market Wrap: Consumer stocks drag D-Street lower; Sensex sheds 312 pts, Nifty below 23,700
Indian benchmarks indices ended lower on Wednesday, as advances in heavyweight financials and oil and gas firms were offset by losses in consumer stocks. Investors